5. The following are some of the financial statement manipulations found at PT Menta:

- Recognition of revenue from apartment construction which should be recognized according to accounting standards when the apartment is handed over to the customer, but is recognized by the company over time. The construction of the apartment only started in 2020 and is estimated to be completed in 2022. The total contract value is Rp. 150 billion and 40% of it has been recognized as Revenue in 2020.

- The Company incurs daily repairs and maintenance costs (which are not estimated to provide future economic benefits) of Rp 15 billion and the expenses are recorded by the Company as an addition to the carrying amount of property, plant and equipment.

Required:

1. Explain how the impact of the manipulation of the financial statements on the company's reported earnings in 2020.

2. Which types of financial shenanigans are included in the manipulation of financial statements? Explain.